xiv. The Fund has complied in all previous tax years and intends to direct the investment of the proceeds of the Offer described in the Registration Statement and the Prospectus in such a manner as to continue to comply, with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended ("Subchapter M of the Code"), and is qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Code.
Appears in 2 contracts
Sources: Dealer Manager Agreement (Korea Equity Fund Inc), Dealer Manager Agreement (Japan Smaller Capitalization Fund Inc)